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T O P I C R E V I E W
kma
Posted - 10 November 2008 : 22:13:59 Hi Everyone, just a quick question. My IPA has been agreed and I have been paying it now for 4 months. The OR made it clear to me that I must inform them of any changes to my income - my question however is that my mortgage payment is due to reduce following the bank of england base rate coming down. Do I have to inform them of this also? Thanks
3 L A T E S T R E P L I E S (Newest First)
Skippy
Posted - 11 November 2008 : 11:31:21 Don't forget that the prices of other things have gone up.
Tomorrow is a mystery, yesterday is history, today is the present, a gift to make the most of.
Posted - 10 November 2008 : 23:30:42 yeah... the bad news about the interest rate cuts is that people like us will have that little bit extra to hand over to the or.....great!
MAC
John
Posted - 10 November 2008 : 22:38:23 Hi
yes it is a legal requirement that you inform the OR of any changes in your income and or expenditure.
